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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Fahmy who wrote (12656)	11/5/1998 10:03:00 PM
From: Brian Lempel	Read Replies (2) \| Respond to of 13925

Has anyone considered the possible ramifications of the buyback with regards to the ongoing litigation. If CREAF management knows for a fact that they will prevail (which they shoud, to some degree), then they should not be concerned about the price they pay, IMHO, for shares that will likely shoot up further if they can wipe out their main competitor's source for chips in the mid/high end market. Just a thought. BTW does anyone else hate the new Yahoo format? Brian

To: Fred Fahmy who wrote (12656)	11/5/1998 11:05:00 PM
From: BZOOKA	Read Replies (1) \| Respond to of 13925

Fred,Creaf's buy back I talked to Creaf,everything in place for buy back just need the signature of the president and he does not hold a veto so it is going to be signed and as long as it is signed along with the approval of the share holders then Creaf can start on Monday but IT DOES NOT MEAN THEY WILL ,they will buy at what ever the price target.I believe they will set a floor price and then support but it seems that the stock will move higher in anticipation of a floor price,if it goes over 16 then 20 will be the picture but once the floor price is set then the stock price will reflect that,remember when they announced that they will get the maximum the stock was under 9!!! Good Luck to all

To: Fred Fahmy who wrote (12656)	11/6/1998 5:47:00 AM
From: Savoirman	Read Replies (1) \| Respond to of 13925

I think Flint has clarified too, need the Prez's John Hancock. Donch worry, it's be real quick. After three readings it's passed for all intents and purposes. Creaf held up very well today in Singapore despite a bout of profit taking in the general market, and a major conglomerate announcing major restructuring (also admitting it had "lost its way" along the way) and losses for the year. The losses by Keppel Corp served as a reality check that things are just as shitty as they were one month ago, except that stock prices are up like 50-100% and interest rates are down because lotsa money flowed into the system. This is getting silly, money flows determine interest rates and forex rates, which then gets interpreted by the market as "fundamentals" and is then reflected in the "free" market. It's just the Asian crisis in reverse, just as unhealthy.